Reckitt Soars, STMicro Falls, BNP Paribas Up
On this episode of Stock Movers:
- Reckitt's shares surged to the highest in almost 17 months after the consumer goods company said its biggest brands will grow more than forecast, a sign its plan to revive the business is working.
- STMicro's shares plunged the most in a year after the chipmaker posted a surprise loss due to restructuring charges.
- BNP Paribas reported better-than-expected profit as the French lender got a boost from its fixed-income traders while equities slumped in the volatility triggered by the US tariff announcements.
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